MASTERY EXAM
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This Exam contains: Colorado Car Sales Mastery
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, Question 1
The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or suspended
on any of the following grounds except:
Correct Answer
advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle
Question 2
According to colorado law, which of the following must be licensed as a motor vehicle dealer and or
powersports dealer?
Correct Answer
All of the above
Question 3
Colorado Lemon law covers:
Correct Answer
defects that substantially impair the market value of the vehicle
Question 4
Three of the following are required to be disclosed in an advertisement when a dealer is advertisement a
closed end credit sale of a mother vehicle or powersports...except?
Correct Answer
tax rate
Question 5
The motor vehicle dealer board is authorized and empowered to:
Correct Answer
All the above
Question 6
The motor vehicle dealer board is authorized and empowered to:
Correct Answer
All the above
Question 7
Local law enforcement officers must be notified within repossession of a motor vehicle occurs:
Correct Answer
1 Hour
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